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Oct 4, 2012
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. >> the only way to meet governor romney's pledge of not reducing the deficit or not adding to the deficit is by burdening middle class families, the average middle class family with children would pay $2,000 more. >> others have estimated the total value of the tax cuts would be some $5 trillion over ten years. governor romney says he will keep it deficit neutral and pledges there is one thing he won't do no matter what. >> i will not under any circumstances, raise taxes on middle income families. i will lower taxes on middle income families. now, you kite a study. there is six other studies that looked at the study you described and say it's completely wrong. >> the president based his assertion about a $2,000 tax increase on a study by the tax policy center which had exempted some tax deductions from any cuts in its analysis. then it concluded the plan could only be deficit neutral with a tax hike on the middle class and obama ads are hammering away. >> why won't obama level with us about the tax plans. >> the tax policy center, however, later changed its assessment. it said if romney p
. >> the only way to meet governor romney's pledge of not reducing the deficit or not adding to the deficit is by burdening middle class families, the average middle class family with children would pay $2,000 more. >> others have estimated the total value of the tax cuts would be some $5 trillion over ten years. governor romney says he will keep it deficit neutral and pledges there is one thing he won't do no matter what. >> i will not under any circumstances, raise taxes on...
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Sep 27, 2012
09/12
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do we want four more years of trillion dollar deficits? i don't believe we can afford four more years like the last four years. lou: a new report highlights governor rome -- governor romney's criticisms showing household incomes fell by an average rate of more than 8%. the census bureau revealing the number of people in poverty rose by 3 million in the first three years of the obama administration. we'll take all of that here tonight with former economic adviser to president reagan, economists, author laffer, and digital politics editor, and former bush adviser brad blakeman to separate facts from fiction in the world of presidential polls and strategies. early voting has presidential votes cast in more than half the country by next week. shannon has our report. the president's poll numbers in ohio getting a boost from stronger economic numbers, but there's head winds pressuring the campaign. the white house chief correspondent, ed henry, reports. >> since early voting starts tuesday here in ohio, it was a familiar script for president oba
do we want four more years of trillion dollar deficits? i don't believe we can afford four more years like the last four years. lou: a new report highlights governor rome -- governor romney's criticisms showing household incomes fell by an average rate of more than 8%. the census bureau revealing the number of people in poverty rose by 3 million in the first three years of the obama administration. we'll take all of that here tonight with former economic adviser to president reagan, economists,...
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Oct 3, 2012
10/12
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mitt romney, doesn't have a deficit reduction plan. he wants to spend $2 trillion more in defense, $5 trillion more in a tax cut won't tell us how you pay for, before you even start talking about deficit reduction. it's a joke to think mitt romney will actually take action to redaus the deficit. >> taxes, this week he did come out with this proposal of eliminating $17,000 in deductions. >> right. >> your response to that? >> well, you know, he left out a number of different details of that proposal but i would also say that limiting deductions to $17,000 for middle-class families still results in a tax increase. even in just the health premium deduction, for families last year, were about $15,000. there you go. what happens to the mortgage deduction, charitable deduction, child deduction. he's raising taxes on middle class families. >> if this comes up and mitt romney starts to do that math that paul ryan wouldn't do, i'm sure this will be a topic of discussion. >> how worried are you about the jobs report on friday? >> we face this ev
mitt romney, doesn't have a deficit reduction plan. he wants to spend $2 trillion more in defense, $5 trillion more in a tax cut won't tell us how you pay for, before you even start talking about deficit reduction. it's a joke to think mitt romney will actually take action to redaus the deficit. >> taxes, this week he did come out with this proposal of eliminating $17,000 in deductions. >> right. >> your response to that? >> well, you know, he left out a number of...
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Oct 4, 2012
10/12
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a tax cut that ads to the deficit. that is part one. there is no economist that can say mitt romney tax plan adds $5 trillion if i say i will not add to the deficit with my tax plan. >> if you are lowering the rates the way you describe, governor, it is not possible to come up with enough deductions and loopholes that only affect high overincome individuals to avoid either raising the deficit or burdening the middle class. it is math. >>trace: which candidate had the upper hand and how much was accurate? with me is the associate editor of the financial weekly owned by the parent of this company. michael, romney says if you lower the tax rates what happens is, businesses have more money. businesses have more money they can hire more people and, guess what, everyone starts paying taxes and that is how you close the deficit. true? >>guest: it is true that is what he is saying. it is true that is the way a model would have it play out. the question and what assumptions go in that assertion by lowering rate and obviously on
a tax cut that ads to the deficit. that is part one. there is no economist that can say mitt romney tax plan adds $5 trillion if i say i will not add to the deficit with my tax plan. >> if you are lowering the rates the way you describe, governor, it is not possible to come up with enough deductions and loopholes that only affect high overincome individuals to avoid either raising the deficit or burdening the middle class. it is math. >>trace: which candidate had the upper hand and...
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Oct 3, 2012
10/12
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it does not do anything if the deficit we have had. you give the bigger growth to the federal government. we have to have policies that provide the certainty to the private sector, the policies that enable them to grow. again, this is not saying we don't need any regulation but we need to have smart regulations. in california dairy year 2011, 71,000 pages of new regulations were institutessed. the people in the coal industry, when you look at what has happened to them when we could not get cap and trade moved through they are getting decimated. we have to have a vision like ronald reagan said, talking about a new dawn for this american economy. >>neil: congressman, you are among those who were brought in, in the republican avalanche that brought in 83 republicans and that tipped the house of representatives to the republicans and made john boehner speaker. you are in a race if your life with an ad everyone is talking about. the fact of the matter is, republicans seem to not have quite that same wind behind their back. they might get it
it does not do anything if the deficit we have had. you give the bigger growth to the federal government. we have to have policies that provide the certainty to the private sector, the policies that enable them to grow. again, this is not saying we don't need any regulation but we need to have smart regulations. in california dairy year 2011, 71,000 pages of new regulations were institutessed. the people in the coal industry, when you look at what has happened to them when we could not get cap...
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Sep 27, 2012
09/12
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WBFF
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but mcdonnell's efforts have successfuuly turneddthh commonwealth's deficit into a surplus.("state of the commonwealth address" from the pbssnewshour youtube clip) 2:04--2::3 "byyworking together, we've eliminated 6 billion dollaas in budget shorttalls, not by raising ttxes, but reforming government and reducingg spending."(video clip with while singing virginia's d praises -- mcdonell made music with this commeecial -- (natsound of music) featuring blues music and headlines about o'malley's tax record. using maryland innaa odd way , as a whipping boy, saying look - i'm not raising taxes. here's what my state is oing" in many ways their fight - is ammrica's fight.... basu: 11:32:38 "the debate betwwen maryland and virginia with respect to the aappopriate roleeof government, the appropriate level of taxation and government spending, ii precisely the same debate that we see at the national level between barack obama and the democrats and mitt romney and the rrpublicans."adding fuel to the feuddis speculatioo candidates for president one they're both gonna make an effort in 201
but mcdonnell's efforts have successfuuly turneddthh commonwealth's deficit into a surplus.("state of the commonwealth address" from the pbssnewshour youtube clip) 2:04--2::3 "byyworking together, we've eliminated 6 billion dollaas in budget shorttalls, not by raising ttxes, but reforming government and reducingg spending."(video clip with while singing virginia's d praises -- mcdonell made music with this commeecial -- (natsound of music) featuring blues music and headlines...
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Sep 29, 2012
09/12
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CNN
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more jobs will slash that deficit. >>> our third story, another day, another bad set of numbers for mitt romney. there are two new polls today by the american research group and they have mitt romney trailing president obama in two more swing states. five points in new hampshire and two in virginia. although i wanted to highlight the virginia one. there had been other polls to show that gap wider. this would be a much better than expected result than some of the others we've seen. this week -- has not been kind to the republican candidate as polls have shown him falling behind the president. but he is not showing any change in confidence. >> i've got a little secret here and that is that obama campaign thinks that pennsylvania is in their pocket. they don't need to worry about it. and you're right and they're wrong. we're going to win pennsylvania. we're going to take the white house. >> he's going to have to overcome a big deficit to do it, but people do like a comeback kid. max, jen, the obama campaign press secretary. two very different problems. one, you don't want to get complacent
more jobs will slash that deficit. >>> our third story, another day, another bad set of numbers for mitt romney. there are two new polls today by the american research group and they have mitt romney trailing president obama in two more swing states. five points in new hampshire and two in virginia. although i wanted to highlight the virginia one. there had been other polls to show that gap wider. this would be a much better than expected result than some of the others we've seen. this...
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Sep 30, 2012
09/12
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>> we're going to do it by responsibly dealing with these deficits while leaving money to invest and those things we need to grow -- education, research and development, clean energy technology. >> those aren't sort of specific proposals. what i'm asking you is -- >> let's talk about -- >> they haven't passed. >> 100,000 new math and science teachers. we need that to move forward as a country. >> that's a total, though, right? >> educating -- training two million new workers in our community colleges in conjunction with business to fill jobs that are open right now. boosting american manufacturing by ending the tax break that sends jobs overseas and giving tax incentives to companies that start manufacturing businesses here. these are specific tangible proposals and, candy, i believe that they will pass because i believe the american people are supportive of that. >> but they haven't passed. >> it will be rendered on november 6 wrth. >> no, they haven't. >> for two years jobs -- >> some of the specific proposals haven't, but, candy, think about the logical extension of what you're sa
>> we're going to do it by responsibly dealing with these deficits while leaving money to invest and those things we need to grow -- education, research and development, clean energy technology. >> those aren't sort of specific proposals. what i'm asking you is -- >> let's talk about -- >> they haven't passed. >> 100,000 new math and science teachers. we need that to move forward as a country. >> that's a total, though, right? >> educating -- training...
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Sep 29, 2012
09/12
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i know we have a tough time with our deficit, with the budget, but people are so important, and every up with of these people who is safe, right now, only a 1-100 chance that a victim of human traffic willing be saved. when you meet that person, you meet that survivor, and survivors they, they are incredible. but you look into their eyes and you understand person to person viceraly, what they have gone through, being treated lower than an animal and see the bravery, the courage, the fort t fortitude to help others. and they are so altruistic. i was at the table with the survivors when president obama gave the shoutout. they were blown away and everybody gave him a standing ovation. a very big day for them. they influenced his speech. >> those numbers sure do not add up. thank you for taking the time to share more information about this with us and our viewers. >> thank you. >> to learn more, go to our blog, cnn.com/outfront. >>> you thought the fight over unions was over in michigan, it's kind of quiet. you are dead wrong. [ male announcer ] citi turns 200 this year. in that time ther
i know we have a tough time with our deficit, with the budget, but people are so important, and every up with of these people who is safe, right now, only a 1-100 chance that a victim of human traffic willing be saved. when you meet that person, you meet that survivor, and survivors they, they are incredible. but you look into their eyes and you understand person to person viceraly, what they have gone through, being treated lower than an animal and see the bravery, the courage, the fort t...
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Oct 4, 2012
10/12
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president obama said how could he do that without increasing the deficit. today people are talking about how each canada did. some believe president obama may have been too relaxed. others believe iran may have gone the boost he needed. >>-- other believed mitt romney may have gotten the boost he needeed. >>d. >> some political analysts believe the boosted its may only be one or two percentage points. others are also asking questions about why president obama did not raise the issue of the 47% statement, the video we talked about four weeks about why he did not question their romney on that issue as well. this is just round one of the debate. they will meet again october 16 and 22nd. >> thank you very much. a little more analysis from politico coming up. we want to turn to a developing story out of fairfax county. desperate for clues into what led to the disappearance of a 17-year-old. he was last seen monday morning dropping his brother off at school. police later found his car at a park with no sign of the teenager. john gonzales is live. he joins us with
president obama said how could he do that without increasing the deficit. today people are talking about how each canada did. some believe president obama may have been too relaxed. others believe iran may have gone the boost he needed. >>-- other believed mitt romney may have gotten the boost he needeed. >>d. >> some political analysts believe the boosted its may only be one or two percentage points. others are also asking questions about why president obama did not raise the...
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Sep 26, 2012
09/12
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. >> another vulnerability for the president may be the deficit. he promised to cut it in half by the end of his term but it's now topped $1 trillion for four straight years. the "new york times" cbs news poll found in ohio, romney has a slim four-point lead on the deficit. today, the "washington post" fact checkers gave the president four pinocchios for claiming on cbs' "60 minutes" 90% of the boost in deficit came from leftover bush policies. >> we took emergency actions. that accounts for 10% of this increase in the deficit. >> now the economy is front and center one week from tonight at the first presidential debate. two days later the president gets a september jobs report. interesting a moment ago he told the crowd he wants to export more jobs. quickly correcting himself and said he wants to export more products and joked i was channeling my opponent there. bret? >> bret: standing next to carl are you? it looks like carl's backdrop. ed henry -- >> very similar. >> bret: thank you very much. now to the international news. close circuit video o
. >> another vulnerability for the president may be the deficit. he promised to cut it in half by the end of his term but it's now topped $1 trillion for four straight years. the "new york times" cbs news poll found in ohio, romney has a slim four-point lead on the deficit. today, the "washington post" fact checkers gave the president four pinocchios for claiming on cbs' "60 minutes" 90% of the boost in deficit came from leftover bush policies. >> we...
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Oct 1, 2012
10/12
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mitt romney doesn't have a deficit plan. he has a plan to cut taxes for millionaires and billionaires. one thing that will be interesting wednesday if he'll finally explain how his math adds up. he has a $5 trillion tax cut, on top of a $5 trillion to extend the bush cuts, and another $2 trillion in defense spending that our leaders say they don't need. $8 trillion. he says he's not going to add to the deficit. if he's not going to add to the deficit, the middle class better watch out because they'll pay the burden if he is elected because the hole is just too big. and it will be interesting on wednesday. if he says he's not going to burden the middle class, then he's going to blow a hole in the deficit. >> will we see president obama here on "meet the press" before election day? >> well, there's 37 days left, so we'll stay in contact about it. >> all right. we hope to see him here. mr. plouffe, thank you. >> thank you, david. >>> coming up, what are the stakes for both campaigns? the roundtable will get into it. founder of
mitt romney doesn't have a deficit plan. he has a plan to cut taxes for millionaires and billionaires. one thing that will be interesting wednesday if he'll finally explain how his math adds up. he has a $5 trillion tax cut, on top of a $5 trillion to extend the bush cuts, and another $2 trillion in defense spending that our leaders say they don't need. $8 trillion. he says he's not going to add to the deficit. if he's not going to add to the deficit, the middle class better watch out because...
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Oct 4, 2012
10/12
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>> well, you know, in terms of mitt romney surging, just remember how much of a deficit he had to make up. i mean, he was in some cases double digits behind the president and all those attributes and the president is still leading on them. we expected an aggressive debater to show up last night on the debate stage with barack obama. we didn't expect an aggressively dishonest debater to show up. that's what we got in mitt romney. what could the president have done differently? of course, we'll recalibrate and recalculate based on the mitt romney that showed up last night. we've got two more debates left. now we know what we're dealing with. we know that mitt romney will, in a split second, waulk away from the central policy of his entire economic plan because he knows it's bad politics. he has been campaigning on this $5 trillion tax cut since the beginning of the primaries. and last night he tried to walk away from it, because he knows he's going to have to tell the middle class that he's going to have to raise their taxes if he wants to pay for it. >> the $5 trillion cut, the presiden
>> well, you know, in terms of mitt romney surging, just remember how much of a deficit he had to make up. i mean, he was in some cases double digits behind the president and all those attributes and the president is still leading on them. we expected an aggressive debater to show up last night on the debate stage with barack obama. we didn't expect an aggressively dishonest debater to show up. that's what we got in mitt romney. what could the president have done differently? of course,...
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Sep 26, 2012
09/12
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the federal deficit went up $16,000 every second george allen was a united states senator. voted to raise the debt ceiling four times, voted to raisehis own salary four times. now he's talking like the fiscal conservative, but his record as a senator says we can't afford to let him have another crack at it. with respect to the particular or question on the deductions, again, i think the right strategy is going to be some aggregated examines of deductions rather than trying to fight the entrenched interests on issue to issue. and you could have the amount or percentage of deductions vary by income, you could do it in this a way that the tax code set up already. but i think that's probably the most likely path -- >> moderator: all right, we're out of time on that answer. allen: may i have some time to rebut? >> moderator: sorry, not according to your rules. i'm following the time that you both agreed to, otherwise i would because i always like more rather than less. let me go to eric gill crest of news 4. >> moderator: virginians are divided on whether they want the affordabl
the federal deficit went up $16,000 every second george allen was a united states senator. voted to raise the debt ceiling four times, voted to raisehis own salary four times. now he's talking like the fiscal conservative, but his record as a senator says we can't afford to let him have another crack at it. with respect to the particular or question on the deductions, again, i think the right strategy is going to be some aggregated examines of deductions rather than trying to fight the...
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Sep 26, 2012
09/12
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you've got to cut the deficit. you've got to stop spending more money than we take in. and finally champion small business. have tax policies, regulation
you've got to cut the deficit. you've got to stop spending more money than we take in. and finally champion small business. have tax policies, regulation
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Sep 26, 2012
09/12
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,deficit. just us them to explain how the numbers work, because they do not. they do not have a deficit reduction plan. they have a deficit expansion plan. governor romney may think it is fair that someone who makes $20 million a year like he does should play a lower rate. do not boo. vote. i do not think that is fair. i do not think it helps the economy grow, so we cut taxes. we want to keep taxes for 97% of americans, and you have a so you may end up trading in that car. what happens when you spend money? that means businesses have more customers. and they hire more workers. that is what we can do to the economy. that is what we can do today, so i am looking forward to working with republicans to reduce our deficit, but i refuse to us middle-class families to give up their deductions to pay for another millionaire tax cut. [applause] i refuse to ask all the students to pay more for college or to kick children off the headstart program so i can take a tax break we do not need. [applause] we're
,deficit. just us them to explain how the numbers work, because they do not. they do not have a deficit reduction plan. they have a deficit expansion plan. governor romney may think it is fair that someone who makes $20 million a year like he does should play a lower rate. do not boo. vote. i do not think that is fair. i do not think it helps the economy grow, so we cut taxes. we want to keep taxes for 97% of americans, and you have a so you may end up trading in that car. what happens when you...
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Oct 4, 2012
10/12
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you said you'd cut the deficit in half, it's now four years later we still have trillion dollar deficits. martha: what about that, chris. >> for people who aren't following like this. simpson-bowles was the presidential commission. he was in charge of this commission. it was his idea. after they gave their proposals last december he ignored them, he never even mentioned them a month later in the state of the union speech. he does have a $4 trillion plan, a deficit reduction plan about it is filled with gimmicks. first of all it includes a trillion dollars that they already agreed to, the congress and the president, as part of the deficit reduction deal, the debt limit deal last august. any president if they come in its going to have that trillion dollars. he also gets $800 billion in savings from night fighting the wars in iraq and afghanistan that we weren't going to fight anyway. there are all kinds of gimmick savings. having quickly said that, mitt romney's plan has a lot of smoke and mirrors too. obama pointed out you have $5 trillion from lowering tax rate. you have a $2 trillion in
you said you'd cut the deficit in half, it's now four years later we still have trillion dollar deficits. martha: what about that, chris. >> for people who aren't following like this. simpson-bowles was the presidential commission. he was in charge of this commission. it was his idea. after they gave their proposals last december he ignored them, he never even mentioned them a month later in the state of the union speech. he does have a $4 trillion plan, a deficit reduction plan about it...
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Sep 30, 2012
09/12
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MSNBC
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mitt romney doesn't have a deficit plan. he's got a plan to cut taxes for millionaires and billionaires. one of the things that will be interesting wednesday, if he'll finally explain hows had math adds up. he's got a $5 trillion tax cut and nour $2 trillion in defense spending that our defense leaders say they don't need if he's not going to add to the deficit, the middle class better watch out because they're going to pay the burden if he's elected president, because the whole is just too big. so if he says he's not going to burden the middle class, then he's going to blow a hole in the deficit. >> will we see president obama on "meet the press" before election day? >> there's 37 days left. so we'll stay in contact about it. >>> coming up, we talk more about the first debate. what are the stakes for both campaigns. the round table will get into it founder of the faith and freedom coalition, ralph reed, former democratic pennsylvania governor, ed rendell. the bbc's catty kay and nbc's chuck todd. here's what happened... i w
mitt romney doesn't have a deficit plan. he's got a plan to cut taxes for millionaires and billionaires. one of the things that will be interesting wednesday, if he'll finally explain hows had math adds up. he's got a $5 trillion tax cut and nour $2 trillion in defense spending that our defense leaders say they don't need if he's not going to add to the deficit, the middle class better watch out because they're going to pay the burden if he's elected president, because the whole is just too...
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Sep 30, 2012
09/12
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not just from a foreign policy standpoint, one of the reasons that we have huge deficits is that we have these unpaid wars. the voters also view these foreign issues through a prism of the economy. >> david plouffe, thank you very much. >>> we'll be right back with our powerhouse roundtable in just 60 seconds. it's something you're born with. and inspires the things you choose to do. you do what you do... because it matters. at hp we don't just believe in the power of technology. we believe in the power of people when technology works for you. to dream. to create. to work. if you're going to do something. make it matter. >>> quick change there. george will is off today. but we're joined by donna brazile on the roundtable. matthew dowd. maggie haberman of politico. two former party chairman. former vermont governor, howard dean for the democrats. and former governor haley barbour for the republicans. matthew dowd, let me begin with you, and setting the stage where the race is right now, we see president obama ahead by about five points nationally, right now, ahead in all of the battlegrou
not just from a foreign policy standpoint, one of the reasons that we have huge deficits is that we have these unpaid wars. the voters also view these foreign issues through a prism of the economy. >> david plouffe, thank you very much. >>> we'll be right back with our powerhouse roundtable in just 60 seconds. it's something you're born with. and inspires the things you choose to do. you do what you do... because it matters. at hp we don't just believe in the power of technology....
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Oct 4, 2012
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we have to close our deficit. we will discuss how we deal with our tax code and how we make sure we are reducing spending in a response away and have enough revenue to make those investments. governor romney's central economic plan calls for a $5 trillion tax cut on top of the extension of the bush tax cut. $2 trillion in additional military spending -- without dumping the cost on the middle-class americans. that is one of the central questions of this campaign. >> you have spoken about a lot of different things. governor romney, do you have a question you would like to ask directly about something he just said? >> i do not have a tax-cut scale you're talking about. we have to provide tax relief to people in the middle class. i will not reduce the share of taxes paid by high income people. they are doing fine in the economy. the people who are having a hard time are middle-income americans. under the president's policies, they have been buried. middle income americans have seen their income decreased by $4,300. th
we have to close our deficit. we will discuss how we deal with our tax code and how we make sure we are reducing spending in a response away and have enough revenue to make those investments. governor romney's central economic plan calls for a $5 trillion tax cut on top of the extension of the bush tax cut. $2 trillion in additional military spending -- without dumping the cost on the middle-class americans. that is one of the central questions of this campaign. >> you have spoken about a...
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Oct 3, 2012
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>>reporter: president obama said he would cut the deficit in half this four years. that has not happened. he is vulnerable on a lot of the key issues. that will be a big part of this face off tonight. >>shepard: thank you, ed henry. as governor romney finishes the debate preparations in the city they are hitting his opponent over the comments from vice president biden. the romney camp calling the remarks about the middle class a stunning admission much he is a spokesman early here on fox news. >> we cannot afford four more years like the last four years we have seen under this president. his own vice president said the middle class has been buried under his policies. what we need is governor romney could come in and deliver a real recovery for the american people. >>shepard: romney campaign trying to capitalize on the remarks about the struggling of the middle class, a theme to be repeated, likely, over and over tonight. now, carl cameron live at the debate spin room. how will the governor romney hammer those comments of the vice president? >>carl: depends how the d
>>reporter: president obama said he would cut the deficit in half this four years. that has not happened. he is vulnerable on a lot of the key issues. that will be a big part of this face off tonight. >>shepard: thank you, ed henry. as governor romney finishes the debate preparations in the city they are hitting his opponent over the comments from vice president biden. the romney camp calling the remarks about the middle class a stunning admission much he is a spokesman early here...
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. >> you said you'd cut the deficit in half, it's now four years later, we have trillion-dollar deficits. >> the way we do it is for every $2.50 of additional debt, we ask for a dollar, paid for by those doing very well to contribute a little more to reduce the deficit. >> reporter: the president insisted romney would spend five trillion on tax breaks favoring the wealthy. >> math, common sense, and our history shows us that's not a recipe for job growth. >> everything he just said about my tax plan is inaccurate. >> they clashed on wall street, whether banks should be too big to fail, and medicare. >> cutting $716 billion from medicare to be able to balance the additional cost of obama care is, in my opinion, a mistake. >> if you repeal obama care, and i have become fond of this term, obama care, if you repeal it, what happens is those seniors right away are going to be paying $600 more in prescription care. >> the fiercest exchange over health care and jobs. >> i just don't know how the president could have come into office facing 23 million people out of work, rising unemployment, an
. >> you said you'd cut the deficit in half, it's now four years later, we have trillion-dollar deficits. >> the way we do it is for every $2.50 of additional debt, we ask for a dollar, paid for by those doing very well to contribute a little more to reduce the deficit. >> reporter: the president insisted romney would spend five trillion on tax breaks favoring the wealthy. >> math, common sense, and our history shows us that's not a recipe for job growth. >>...
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supporters in favor of prime misra boyd and his government who recognize there's a need to cut the deficit at present and the for austerity when it comes to this austerity what we are seeing really a stubbornness of both sides those protesters who remain increasingly stubborn they won't stand down for their cause they want the government to be changed but also on the other side of the fence you have the government under prime minister a whore and they seem increasingly willing to follow through on this pattern of austerity and not listen to the voices the shouts that we're hearing quite regularly now in central richer it i want an end to these cuts and an end to the austerity. so i have see you in the program disillusioned and. disenfranchised. i figure that's when young people go off sometimes they head off the roads because they have nothing to do you go on employment in the u.k. is that crisis levels report on the why the efforts to talk a little are not worth. pans out football's governing body fever are nonces day eleven host cities will the twenty eighth in world cup which will take
supporters in favor of prime misra boyd and his government who recognize there's a need to cut the deficit at present and the for austerity when it comes to this austerity what we are seeing really a stubbornness of both sides those protesters who remain increasingly stubborn they won't stand down for their cause they want the government to be changed but also on the other side of the fence you have the government under prime minister a whore and they seem increasingly willing to follow through...
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. >> he will will say he is going to cut the deficit, please. he wants $2 trillion in new defense spending that the pentagon didn't ask for. a 5 trillion-dollar tax cut wealthy that he won't say how he will pay for. >> i spoke to two different officials with the president, he said he was very calm, very cool, getting downtown in his hotel right now. remarkable to be calm this calm right now knowing so much is on the line, shep. >> shepard: a lot in deed. ed henry live in denver. let's bring in chris wallace. have you spoken to both camps today, what did you learn? >> i have been working the phones trying to get a preview and the most interesting thing i learned is that the romney camp says that their guy is going to really go on offense when it comes to the obama record. they had noticed in the polls that people are getting a little bit more optimistic about the economy, that romney is losing some of his edge in the polls on who would handle the economy better. so they say he is really going to take it to obama on the obama record over these pas
. >> he will will say he is going to cut the deficit, please. he wants $2 trillion in new defense spending that the pentagon didn't ask for. a 5 trillion-dollar tax cut wealthy that he won't say how he will pay for. >> i spoke to two different officials with the president, he said he was very calm, very cool, getting downtown in his hotel right now. remarkable to be calm this calm right now knowing so much is on the line, shep. >> shepard: a lot in deed. ed henry live in...